Packaging Corporation of America (PKG) Set to Post Quarterly Earnings on Wednesday

Key Points

• Packaging Corporation of America is expected to report Q3 2026 results after the market closes on October 21, with analysts forecasting $2.93 in EPS and $2.61 billion in revenue.
• The company’s latest quarter exceeded expectations, with EPS of $2.35 versus the $2.31 consensus and revenue growth of 14.7% year over year.
• PCA declared a quarterly dividend of $1.50, equivalent to $6.00 annually and a 2.6% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $271.86.

Packaging Corporation of America (NYSE:PKG - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of $2.93 per share and revenue of $2.61 billion for the quarter. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. Parties can check the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 9:00 AM ET.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.31 by $0.04. The company had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $2.49 billion. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. The business's revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.48 EPS. On average, analysts expect Packaging Corporation of America to post $10.45 EPS for the current fiscal year and $13.42 EPS for the next fiscal year.

Packaging Corporation of America Price Performance

NYSE:PKG opened at $231.59 on Wednesday. The company has a 50-day moving average of $239.73 and a 200-day moving average of $229.41. The company has a market capitalization of $20.63 billion, a price-to-earnings ratio of 30.08, a PEG ratio of 1.96 and a beta of 0.75. Packaging Corporation of America has a 52 week low of $191.50 and a 52 week high of $259.98. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.86 and a current ratio of 2.94.

Packaging Corporation of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be paid a $1.50 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $6.00 dividend on an annualized basis and a yield of 2.6%. Packaging Corporation of America's payout ratio is presently 77.92%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. UBS Group dropped their price target on shares of Packaging Corporation of America from $292.00 to $289.00 and set a "buy" rating for the company in a research report on Monday, October 5th. Wells Fargo & Company decreased their price objective on Packaging Corporation of America from $246.00 to $245.00 and set an "equal weight" rating on the stock in a report on Wednesday, October 7th. Truist Financial lifted their price objective on Packaging Corporation of America from $270.00 to $280.00 and gave the company a "buy" rating in a report on Monday. JPMorgan Chase & Co. upped their price objective on Packaging Corporation of America from $312.00 to $320.00 and gave the company an "overweight" rating in a research note on Wednesday, September 23rd. Finally, Bank of America dropped their target price on Packaging Corporation of America from $280.00 to $260.00 and set a "buy" rating for the company in a report on Friday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Packaging Corporation of America currently has an average rating of "Moderate Buy" and an average price target of $271.86.

Insiders Place Their Bets

In other news, VP Donald R. Shirley sold 12,000 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $250.71, for a total value of $3,008,520.00. Following the sale, the vice president owned 19,110 shares of the company's stock, valued at approximately $4,791,068.10. This represents a 38.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Thomas A. Hassfurther sold 12,531 shares of the company's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the completion of the sale, the president directly owned 218,751 shares in the company, valued at approximately $54,687,750. The trade was a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 40,391 shares of company stock valued at $10,196,101. Company insiders own 1.60% of the company's stock.

Packaging Corporation of America Company Profile

Packaging Corporation of America NYSE: PKG is a manufacturer of containerboard and corrugated packaging products in the United States. The company produces linerboard, corrugating medium and finished corrugated containers used to package and transport consumer, industrial, food and agricultural products.

PCA also manufactures specialty packaging products, including retail displays, protective packaging and custom-designed corrugated solutions. Through its Paper segment, the company produces and sells uncoated freesheet paper and related specialty papers for commercial printing, office use, converting and other applications.

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